AVP receives three bids for Dunaferr

AVP receives three bids for Dunaferr

According to recent market reports, Hungarian privatization agency APV announced that only three companies have submitted their offers for Dunaferr's privatization. The agency has determined the deadline as December 8, as previously reported by SteelOrbis. However, APV did not disclose the names of the bidders. The best bidder will be announced by AVP before Christmas after the offers' evaluation. LNM Holdings and its Czech subsidiary Ispat Nova Hut, Ukranie's Donbass and Alchevski Steel, Swiss trader Duferco and Liechtenstein's Kundax are indicated as possible investors.